Financial indicators
Main financial indicators for 1Q 2010
As of 01.04.10 the Company's authorized capital accounted for UAH 114 800, 00 thous.
Insurance reserves growth - 33,2% as compared to 2009.
Financial highlights | (UAH, ths.) | ||
| 01.04.2008 | 01.04.2009 | 01.04.2010 | |
authorized capital | 114 800,00 | 114 800,00 | 114 800,00 |
owner’s capital | 302 667,90 | 224 554,20 | 202 372,60 |
guarantee fund | 21 463,70 | 4 093,50 | 87 572,60 |
insurance reserves | 95 228,50 | 144 016,80 | 191 831,00 |
total assets | 474 141,20 | 461 93,20 | 427 393,80 |
MOD share increased to 25,5% (from 24% in 1Q 2009).
Property insurance share increased by 25,41% y-o-y.
Premiums structure
| Types of insurance | 01.04.2008, UAH, ths. | 01.04.2009, UAH, ths. | 01.04.2010, UAH, ths. |
| MOD | 33 930,90 | 13 673,80 | 16 019,70 |
| OMTPL | 14 827,60 | 12 816,80 | 14 283,7 |
| Green card | 11 006,10 | 13 043,20 | 7 772,2 |
| Proprietary | 16 005,70 | 8 590,20 | 10 773,00 |
| Personal | 4 702,30 | 6 453,90 | 6 174,30 |
| Other | 8 230,30 | 2 214,80 | 7 813,30 |
| Total: | 88 702,90 | 56 792,70 | 62 836,20 |
Claims paid structure
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Premiums dynamics dynamics for 1Q 2008-2010
| Indicator | 01.04.2008 | 01.04.2009 | 01.04.2010 |
| Premiums, thousand UAH | 88 702,90 | 56 792,70 | 62 836,20 |
During 1Q 2010 PJSC «Insurance company «Universalna» had UAH 62 836,2 thous. in GWP - 10,64% up as compared with UAH 56 792,7 thous. in 1Q 2009.
Claims paid dynamics for 1Q 2008-2010
| Indicator | 01.04.2008 | 01.04.2009 | 01.04.2010 |
| Claims paid, thousand UAH | 29 976,80 | 28 424,70 | 26 276,00 |
Total amount of the claims paid decreased by 7,56% and accounted for UAH 26 276 thous., as the result of new underwriting policy launch, based on risks segmentation principles, as well as the effective work of 4 claims settlement centers.
Indicators dynamics for 1Q 2008-2010
| Indicator | 01.04.2008 | 01.04.2009 | 01.04.2010 |
| Net Earned Premiums, thousand UAH | 62 567,30 | 68 780,70 | 52 580,40 |
| Net income, UAH thous. | -7 416,70 | -11 803,00 | 4 639,70 |